Small Business Administration (SBA) Programs

Small Business Administration (SBA) Programs

U.S. Small Business Administration (SBA) participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan. Below you will find a few of the SBA loan programs.

If you’re planning to start a business or expand an existing business, you might need financing help. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan.

Microloan Program: Offers very small loans to start-up, newly established or growing small business concerns. SBA makes funds available to nonprofit community based lenders which, in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000.

Disaster Loans: Provide financial assistance to victims of disasters or to individuals in a declared disaster area.

Export Assistance Loans: Provide exporters and lenders with a streamlined method of obtaining financing for loans and lines of credit up to $500,000. Lenders use their own credit decision process and loan documentation exporters get access to their funds faster.

The Veterans Business Outreach Program (VBOP): The Veterans Business Outreach program (VBOP) is designed to provide entrepreneurial development services such as business training, counseling and mentoring, and referrals for eligible veterans owning or considering starting a small business. The SBA has 16 organizations participating in this cooperative agreement and serving as Veterans Business Outreach Centers (VBOC).